1-bed · 890 sqftMAG 318 Tower, Business Bay · 6th floor · completed 2020

614, MAG 318 Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in April 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 614 · DLD and Ejari recordsUpdated 15 September 2026

Last soldAED 1.42M30 April 2020

Current rentAED 120K /yr15 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 614, MAG 318 Tower

Today

What is 614 worth today?

Last sold for AED 1,422,900 in 2020

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15 Sep 2026

15 Sep 2026RentedNew contract

AED 120,000/yr12 months · AED 135 per sqft

8 May 2025

8 May 2025RentedNew contract

AED 120,000/yr12 months · AED 135 per sqft

8 May 2025

8 May 2025RentedNew contract

AED 120,000/yr12 months · AED 135 per sqft

15 Jan 2024

15 Jan 2024RentedNew contract

AED 135,000/yr12 months · AED 151 per sqft

15 Dec 2022

15 Dec 2022RentedNew contract

AED 125,000/yr12 months · AED 140 per sqft

1 Oct 2021

1 Oct 2021RentedNew contract

AED 100,000/yr12 months · AED 112 per sqft

30 Apr 2020

30 Apr 2020Sold by developerOff-plan

AED 1,422,900AED 1,599 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type: 1-bed apartment
Size: 890 sqft
Floor: 6th of 22
Parking: P3-44
Developer: MAG
Completed: 2020
Service charge: AED 20,500 /yr
Last sold: AED 1.42M · April 2020
Building: MAG 318 Tower

About 614, MAG 318 Tower

614 is a one-bedroom apartment of 890 sqft on the 6th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 30 April 2020 for AED 1,422,900, or AED 1,599 per sqft, 11% below the AED 1,805 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 15 September 2026, is AED 120,000 a year: a gross yield of 8.4% on the 2020 price, before the service charge of about AED 20,500 a year.

Sales and rents for 614 over time

Sales

Unit 614, each saleTypical one-bed in MAG 318 Tower

614 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 614, each contractTypical one-bed in MAG 318 Tower

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 318 Tower, and where 614 sits

All 48 1-beds →

1-beds in MAG 318 Tower · last 12 months1,763 /sqft MAG 318 Tower · all types2,286 /sqft

614 last sold in April 2020 at AED 1,599 per sqft, 11% below what one-beds in MAG 318 Tower were fetching at the time (AED 1,805). Over the last 12 months one-beds sold for AED 1,710,000 to 1,750,000, around AED 1,763 per sqft, and rent for AED 79,500 to 135,000 a year. 614's AED 120,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
27 Jul 202627 July 2026	982 sqft	1,732,516	1,763
1 Jul 20261 July 2026	819 sqft	1,750,000	2,136
22 Jan 202622 January 2026	982 sqft	1,710,000	1,740
18 Sep 202518 September 2025	819 sqft	1,570,000	1,916

3 1-bed sales in the last 12 months

MAG 318 Tower

Building

439 apartments, studios to 2-bed over 22 floors in Business Bay, completed in 2020 by MAG. 27 sold in the last 12 months.

Typical price per sqft: AED 2,286 Down 5.7%
Typical sale: AED 1.08M
Typical rent: AED 79K /yr
Typical yield: 6.1%

MAG 318 Tower, Business Bay: prices, sales and rents →

Other units on the 6th floor

All 439 units in MAG 318 Tower


601	1-bed	821 sqft	AED 1.1MAED 1,100,000 · Jul 2021July 2021	100,000 /yr
602	2-bed	967 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020
603	Studio	438 sqft	AED 756KAED 756,000 · May 2018May 2018	85,000 /yr
604	Studio	433 sqft	AED 940KAED 940,000 · Jun 2023June 2023	55,000 /yr
605	Studio	432 sqft	AED 1.08MAED 1,075,000 · Dec 2020December 2020	75,000 /yr
606	Studio	433 sqft	AED 874KAED 874,460 · Nov 2019November 2019	60,000 /yr
607	Studio	432 sqft	AED 775KAED 775,000 · Jul 2018July 2018	75,000 /yr
608	Studio	433 sqft	AED 880KAED 880,000 · Nov 2022November 2022	82,500 /yr
609	Studio	434 sqft	AED 1.07MAED 1,069,000 · Jul 2026July 2026	60,000 /yr
610	1-bed	874 sqft	AED 1.53MAED 1,526,609 · Oct 2020October 2020	100,000 /yr
611	2-bed	967 sqft	AED 1.7MAED 1,700,000 · Dec 2022December 2022	115,000 /yr
612	1-bed	982 sqft	AED 1.98MAED 1,977,000 · Jun 2021June 2021	84,000 /yr
613	2-bed	1,044 sqft	AED 1.36MAED 1,357,005 · Nov 2022November 2022	145,000 /yr
615	Studio	442 sqft	AED 824KAED 823,513 · Feb 2019February 2019	60,000 /yr
616	Studio	441 sqft	AED 824KAED 824,418 · Feb 2019February 2019	58,000 /yr
617	Studio	440 sqft	AED 824KAED 823,513 · Feb 2019February 2019	60,000 /yr
618	Studio	441 sqft	AED 824KAED 824,418 · Feb 2019February 2019	60,000 /yr
619	Studio	440 sqft	AED 824KAED 823,513 · Feb 2019February 2019	63,000 /yr
620	Studio	441 sqft	AED 1.23MAED 1,230,000 · Jul 2025July 2025	120,000 /yr
621	Studio	446 sqft	AED 1.1MAED 1,100,000 · May 2026May 2026	83,000 /yr
622	2-bed	1,042 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	140,000 /yr

1–7 of 21

614, MAG 318 Tower in numbers

Sold once: by MAG on 30 April 2020 for AED 1,422,900, or AED 1,599 per sqft.
Rented since October 2021 on 6 Ejari contracts, from AED 100,000 to AED 120,000 a year.
At AED 120,000 a year the gross yield on the 2020 price is 8.4%, before a service charge of about AED 20,500 a year (AED 23.06 per sqft).
One-beds in MAG 318 Tower sold for AED 1,710,000–1,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,286 per sqft.

Source: Dubai Land Department. Updated 15 September 2026.

Questions about 614, MAG 318 Tower

What did unit 614 last sell for?

AED 1,422,900 on 30 April 2020, sold by the developer: AED 1,599 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 120,000 a year on the contract signed on 15 September 2026. The previous contract, from May 2025, was AED 120,000; the unit has been rented since October 2021.

How big is unit 614?

890 sqft (82.7 sqm): a one-bedroom apartment on the 6th floor of a 22-storey tower completed in 2020.

What is unit 614 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 318 Tower sold for AED 1,710,000 to 1,750,000 in the last 12 months, around AED 1,763 per sqft.

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Mortgage on 614, MAG 318 Tower

Starts from the last sale price (AED 1.42M, 30 April 2020). Switch to today's estimate once you have unlocked it.

Price: AED 1,422,900
Deposit, UAE resident (20%): AED 284,580
Deposit, non-resident (40%): AED 569,160
Monthly over 25 years at 3.7%: AED 5,822

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →